COSW vs MSFW

COSWBRoundhill COST WeeklyPay ETF

MSFWBRoundhill MSFT WeeklyPay ETF

In short

COSW Costco with the volume dial set to 1.2, plus a paycheck. COSW targets 1.2 times Costco stock's calendar-week return and is built to distribute weekly, a gentler multiple in a category that usually starts at 2x.

MSFW Most leveraged single-stock funds reset daily at 2x. MSFW dials it down: 1.2 times Microsoft's calendar-week total return, a payout every week, 1.00% with no fee waiver.

Stated mandate

COSW COSW seeks weekly shareholder distributions and targets calendar-week returns, before fees and expenses, equal to 1.2 times the total return of Costco common shares.

MSFW MSFW seeks to provide weekly distributions and calendar-week returns, before fees and expenses, equal to 1.2 times the calendar-week total return of Microsoft common shares.

Why people hold it

• COSW Leverage with a smaller step: the fund targets 1.2 times Costco common shares' calendar-week total return, before fees, rather than the 2x and 3x resets that dominate single-stock leverage.roundhillinvestments.com
• Income is designed in, not incidental. The WeeklyPay structure seeks shareholder distributions on a weekly schedule, a faster cadence than the quarterly norm.roundhillinvestments.com
• The 0.99% expense ratio lands near the middle of the leveraged single-stock pack, close to the category median and to what peers like GGLL and AAPU charge.

• MSFW Leverage resets by calendar week, not daily. Hold it a full week and you get the 1.2x target; the day-by-day compounding drift of daily-reset funds is not the mechanism here.roundhillinvestments.com
• 1.2x is a gentler dial than the 2x single-stock crowd: 20% more Microsoft, up weeks and down weeks alike.roundhillinvestments.com
• Weekly distributions are the fund's primary stated objective, with the 1.2x weekly return second. The schedule is the point, not a side effect.roundhillinvestments.com
• At 1.00%, no fee waiver, it sits near its category median and matches Roundhill siblings AAPW and AMDW at 1.00%, and it has stayed close to its stated weekly target.

Worth knowing

• COSW The 1.2x works in both directions on one company's stock, and because exposure resets each period, results over months can drift from 1.2x Costco's move, especially in choppy markets.
• Roundhill discloses that distributions can include return of capital, meaning part of a payout may be your own investment coming back rather than income the fund earned.roundhillinvestments.com
• A late-2025 launch still building scale, so trading can be thinner and spreads wider than in the category's household names.

• MSFW Roundhill expects a significant share of the weekly payout to be return of capital: your own money back, trimming cost basis rather than adding income.roundhillinvestments.com
• The 1.2x works both ways, amplifying down weeks by about 20%, and the fund takes no defensive positions when Microsoft slides.roundhillinvestments.com
• A 2025 launch that still trades thinly next to mainstream single-stock funds, so limit orders help. Exposure runs through total return swaps, which carry counterparty risk.roundhillinvestments.com

Full COSW profile⁠

Full MSFW profile⁠